Socio-Economic Development (SED)

We focus on SED initiatives that address education in the communities surrounding our operations, with an emphasis on initiatives that promote mathematics and science. The SED budget is managed at group level with the business units providing direction on the choice of initiatives that drive our group SED strategy.

Currently the four main SED beneficiaries are the Jirah Academy, the Love Trust, Madibatlou School and Go for Gold. All four of these focus on education with Jirah Academy and Go for Gold focusing on mathematics- and science-related subjects.

During the 2016 B-BBEE verification process, we maintained a 100% score towards the SED element on the B-BBEE scorecard.